How has the Bitcoin halving affected the price of BTC historically? The CEO of the startup Ajoobz, who runs a blog under the nickname EljaBoom (671.5 thousand subscribers in X), calculated specific figures.
After analyzing data for the halvings of 2012, 2016 and 2020.
- 90 days after the halving, the return on#BTCaveraged +59%.
- 180 days after the halving, the return on#BTCaveraged +373%.
- 1 year after the halving, the return on#BTCaveraged 2908%.
In short, holders are rewarded 🤌
HOWEVER, you shouldn’t be fooled by the third digit. Because the crazy +7851% income a year after the first halving plays a big role in it. After the second and third halvings a year later, the income was much more modest: +279% and +594%, respectively. The first halving distorts the picture.
